2007-09-26 Cornerstone OnDemand Taps Seasoned Software Exec to Lead European Expansion
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Talent management leader appoints Vincent Belliveau to run EMEA operations 

Santa Monica, CA – September 26, 2007 Cornerstone OnDemand, Inc., the only proven provider of on-demand, integrated talent management software, today announced that Vincent Belliveau has been appointed as General Manager of Europe, Middle East and Africa (EMEA). In this role, Belliveau will accelerate Cornerstone’s presence in the region and enhance Cornerstone’s ability to service its rapidly growing base of global clients. As GM, Belliveau will oversee all of Cornerstone’s EMEA operations, including sales, marketing, implementation, services and support.

 

“Vincent’s track record is ideal for building our operations in EMEA,” said Adam Miller, President and CEO of Cornerstone. “He has the experience, network and strategic thinking we have sought to build a world-class team in Europe. We see Europe as a key market for Cornerstone, given the growing demand in the region for integrated talent management solutions and the software-as-a-service delivery model.”

 

Prior to joining Cornerstone OnDemand, Belliveau served as the North East Europe Director of IBM’s Master Data Management (MDM) and Information Integration Solutions. He was responsible for successfully integrating and growing several key acquisitions in IBM’s portfolio within the EMEA region, including Trigo, DWL, SRD, LAS and Ascential, as well as structuring and expanding the organization, developing the local go-to-market strategy, and driving execution. Previously, Belliveau was the Sales Director at Trigo Technologies, prior to it being acquired by IBM, and built the company’s European operations from the ground up. Before joining Trigo, Belliveau was a management consultant with McKinsey & Company.

 

Last week, Cornerstone announced significant new financing in the amount of $32 million. The capital will be used to substantially increase sales coverage, expand international operations, build global alliances, and accelerate on-going product development and marketing initiatives. The round was led by Bessemer Venture Partners and Bay Partners.

 

“I am excited to join such a great global team. Cornerstone already has some of the top companies in Europe as clients, and has a state-of-the-art solution that can be leveraged for success,” said Belliveau. “I am looking forward to building our brand as the leading integrated talent management solution in the EMEA market.”

 

Cornerstone’s client acquisition continues to accelerate as the Company expands into new markets. The Company is recruiting in sales, marketing and product development; for more information, visit http://www.cornerstoneondemand.com/careers.

 

About Cornerstone OnDemand, Inc.
Cornerstone OnDemand helps organizations to empower their people and optimize workforce productivity with a comprehensive suite of integrated talent management solutions for learning, compliance, performance, succession and compensation management, as well as robust reporting and analytics.  Cornerstone also provides over 30,000 pre-integrated training titles.  The Company’s multi-tenant, multi-user software as a service (SaaS) architecture provides customers with rapid deployments, minimal IT costs, flexibility, reliability and a lower total cost of ownership.  Cornerstone’s triple-digit growth has been supported by a market-leading customer retention rate.  Marquee organizations such as Aon, Barnes & Noble, DIRECTV, Honda, Pitney Bowes and Smith Barney count on Cornerstone to help them achieve organizational excellence and competitive advantage. For more information, please visit www.cornerstoneondemand.com.

Press Contact:
Michelle Haworth
Cornerstone OnDemand, Inc.
P: 310-752-0178
mhaworth@cornerstoneondemand.com

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